Detail presentation on the negative list of ITC under GST
Followings Point to be noted:-
Auto, metered cab charges – Exempted under GST. Further, No GST shall be paid even if the amount is incurred by employees and later on reimbursed
Cab service procured from operator (OLA, UBER etc.,) – GST will be paid by the such operator itself. There is no liability on the service receiver. Further, the taxes paid by the operator cannot be availed as credit.
Cab services procured from other agencies – GST will be paid by the provider itself if they are registered, if not service receiver shall pay GST on the same as a service receiver. The taxes paid is not available as credit.
Local bus charges – Stage carriage is exempted under GST. No GST shall be paid even if the amount is incurred by employees and later on reimbursed. Download the eBook to read more…
Ebook Negative list of ITC
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Download Free eBook Negative List of ITC in GST